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WorleyParsons awarded contract by Sipchem

Saudi International Petrochemical Company (Sipchem) has announced the award of a Project Management Services Contract for its Phase III Olefins & Derivatives Complex to WorleyParsons. This work will be to undertake front-end and detailed engineering and the project will be managed from our offices in Houston, USA and Al-Khobar, Saudi Arabia. The approximate value of WorleyParsons' In Kingdom and Out of Kingdom contracts is US$ 250 million. The entire complex, estimated to cost approximately US$ 8 billion, will consist of 20 world-scale plants. The complex begins its operational phase late 2010.



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